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Govt issues oil bonds to compensate OMCs

NI Wire,    Wed, 24 Dec 2008
In a bid to restore heavy loss of Oil Marketing Companies, Government of India on Tuesday issued a special bond of worth Rs 22,000 crore to three leading OMCs

World Bank bars Satyam from business with it

NI Wire,    Wed, 24 Dec 2008
The World Bank on Tuesday morning confirmed that it has banned its largest software vender Satyam - India's fourth largest software firm - from doing any business with it for eight years, a US broadcaster Fox News revealed this news.

Air India announces 3% agent commission

NI Wire,    Wed, 24 Dec 2008
Following private airlines' move, Air India, the public sector carrier on Tuesday announced to provide a three percent commission to travel agents.

IN 3030 - a new all weather music handset

NI Wire,    Mon, 22 Dec 2008
Intex Technologies (India) Ltd, which is amongst the fastest growing IT hardware, Mobile Phones & Electronics companies, has added IN 3030 - an 'one of its kind' mobile phone to its portfolio of mobile phone products.

SBI cuts PLR by 75 bps; interest rate to fall from Jan

NI Wire,    Mon, 22 Dec 2008
Responding to Home Minister P Chidambaram's appeal to pass the benefits of Reserve Bank of India (RBI)'s move to existing customers, the State Bank of India on Saturday

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